Okay, On my Higher timeframe the Daily we have an uptreand , so i was looking for a pullback(Discount) so i can try and join the uptrend, on my trading timeframe the 240 i was looking for a temporary downtrend. Price started to range between 1.11212 and 1.10742(Marked by green broken lines) this was a sign of sellers struggling to go lower low, but the buy ran...
GBPNZD is correlating with my other setup of GBPJPY, in fact the entire GBP pairs are showing signs of going long in the 240 chart , price was in a mini range after the pullback, recently we flew out of the range and now price looks like it is holding on the other side of the range, i am looking for buy setups in the next few candles if the conditions stays like this.
I have been stalking this setup from last week, and the signs point to the upside, the buyers came back with big candles and the sellers have since been struggling to go down, price is currently in a mini range.
